Tuesday, October 7, 2008

Fastest-Growing Industries

Amid all the gloomy talk of recession, layoffs, and continued financial turmoil, there are some sectors where more jobs will be created over the next few years.

That's according to the Bureau of Labor Statistics' (BLS) latest 10-year outlook for job creation. Though it was prepared before the recent chaos in markets and banking, the forecast still makes some reasonably valid assumptions.

Among them: consultancy. Companies will still need outside guidance in crafting their decision-making, no matter how troubled the industry, so think about getting into management or scientific or technical consulting. The BLS says these kinds of high-paying (an average $467,000 annually) jobs will increase to 1.6 million by 2016, up from 920,000 in 2006.